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Miami-Fort Lauderdale-West Palm Beach, FL Metro Area&

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Population
6.01M
1.39% growth
Median Age
40.9
Median Household Income
$50,441
4.09% growth
Poverty Rate
16.5%
Number of Employees
2.86M
2.21% growth
Median Property Value
$241,700
15.1% growth

About the photo: Hillsboro Inlet Lighthouse, Hillsboro Beach

Economy

The economy of Miami-Fort Lauderdale-West Palm Beach, FL Metro Area employs 2.86M people. The economy of Miami-Fort Lauderdale-West Palm Beach, FL Metro Area is specialized in Real Estate, Rental & Leasing; Admin., Support, Waste Management Services; and Transportation & Warehousing, which employ respectively 1.58; 1.4; and 1.28 times more people than what would be expected in a location of this size. The largest industries in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area are Retail trade (365,613), Healthcare & Social Assistance (365,093), and Accommodation & Food Service (264,998), and the highest paying industries are Management of Companies & Enterprises ($66,190), Utilities ($56,347), and Mining, Quarrying, Oil, Gas Extraction ($51,905).

Median household income in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area is $50,441. Males in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area have an average income that is 1.32 times higher than the average income of females, which is $42,711. The income inequality of Miami-Fort Lauderdale-West Palm Beach, FL Metro Area (measured using the Gini index) is 0.478 which is lower than the national average.

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Median Household Income

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Income by Location

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Poverty by Race & Ethnicity

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Industries

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Miami-Fort Lauderdale-West Palm Beach, FL Metro Area. In Florida the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 73 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $10,943. Duval County, FL has the highest prevalence of homicides of any county in Florida.

Coverage

Clinician to Patient Ratios

Showing data across all counties in Florida.

Insurance Coverage by Age and Gender

Medicare Enrollment and Reimbursements by Location

Trends in Medicare Enrollment and Reimbursements

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Heart Disease and Pneumonia

Diabetes Care

Preventative Women’s Health Services

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Homicide & Crime

Diversity

Miami-Fort Lauderdale-West Palm Beach, FL Metro Area is home to a population of 6.01M people, from which 82.2% are citizens. The ethnic composition of the population of Miami-Fort Lauderdale-West Palm Beach, FL Metro Area is composed of 2.63M Hispanic residents (43.8%), 1.91M White residents (31.8%), 1.22M Black residents (20.4%), 144,617 Asian residents (2.41%), and 70,113 Two+ residents (1.17%). The most common foreign languages in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area are Spanish (2.24M speakers), French Creole (280,848 speakers), and French (55,624 speakers), but compared to other places, Miami-Fort Lauderdale-West Palm Beach, FL Metro Area has a relative high number of French Creole (280,848 speakers), Hebrew (16,144 speakers), and Portuguese (49,773 speakers).

Age

Age by Nativity

Heritage

Global Diversity

Citizenship

Race & Ethnicity

Non-English Speakers

Military

Veterans

Education

In 2015 universities in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area awarded 98,502 degrees. The student population of Miami-Fort Lauderdale-West Palm Beach, FL Metro Area is skewed towards females, with 37,949 male students and 60,553 female students. Most students in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area are Hispanic or Latino (41,047 and 41.7%), followed by White (22,132 and 22.5%), Black or African American (18,691 and 19%), and Unknown (7,492 and 7.61%). The largest universities in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area by number of graduates are Miami Dade College (13,052 and 13.3%), Florida International University (12,817 and 13%), and Broward College (11,190 and 11.4%). The most popular majors in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area are Liberal Arts & Sciences (17,300 and 17.6%), Registered Nursing (2,990 and 3.04%), and Medical Assistant (707 and 0.72%). The median tuition costs in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area are $27,960 for private four year colleges, and $2,522 and $14,374 respectively, for public four year colleges for in-state students and out-of-state students.

Concentrations

Universities

Student Gender for Common Institutions

Student Race & Ethnicity

Housing & Living

The median property value in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area is $241,700, which is 1.24 times larger than the national average of $194,500. Between 2014 and 2015 the median property value increased from $210,000 to $241,700, a 15.1% increase. The homeownership rate of Miami-Fort Lauderdale-West Palm Beach, FL Metro Area is 58.5%, which is lower than the national average of 63%. People in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area have an average commute time of 27.6 minutes, and they commute by Drove Alone. Car ownership in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area is approximately the same as the national average, with an average of 2 cars per household.

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Property Taxes

Rent vs Own

Transportation

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Commute Time

Commuter Transportation

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